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After Decades of Increases, CEO Pay Dipped in 2023
An annual study of chief executive compensation found average pay dropped nearly 20 percent last year, reflecting a reduction of stock options in their pay packages.Business - Inc. - October 17 -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
Hilton CEO: ‘Complacency is a disease that can be very dangerous’
Chris Nassetta has turned round the hotel group through measured expansion and consistent serviceBusiness - Financial Times - October 20 -
Disney announces when it will replace CEO Bob Iger
Disney is clarifying its timeline for naming Bob Iger's successor, while also bringing in Morgan Stanley's ex-CEO as board chair.Top stories - CBS News - October 21 -
Former Abercrombie & Fitch CEO arrested on sex trafficking charges
The investigation involved whether the men sexually exploited and abused young men at parties they hosted in the U.S. and around the world, the sources said.Top stories - ABC News - October 22 -
Details on arrest of former Abercrombie CEO for sex trafficking
Prosecutors say former Abercrombie CEO Mike Jeffries and two of his associates coerced young men to participate in sex parties from 2008 through 2015 by promising them modeling careers. CBS News ...Top stories - CBS News - October 23 -
Starbucks Baristas Demand Change from New CEO
Starbucks baristas hope to see their complaints taken seriously with new leadership at the helm.Business - Inc. - October 23 -
Perplexity CEO ‘Surprised’ by Publishers’ Lawsuit Against Startup
Aravind Srinivas said he told Dow Jones and the New York Post in June that the AI company was open to discussions about using their content.Business - Inc. - October 24 -
From intern to CEO: does it pay to be a company lifer?
Executives who spend their career at one place can boost morale and loyalty but risk stifling innovationBusiness - Financial Times - 3 days ago -
Pfizer's Strong Quarter Bolsters CEO's Comeback Efforts
The pharmaceutical company reported its third consecutive quarter with positive results.Business - The Wall Street Journal - 2 days ago -
Starbucks’s CEO Steps In to Tackle Long List of Issues
Customers are turning away from the coffee giant, and its new chief executive, Brian Niccol, has to figure out how to get them back.Business - The New York Times - 23 hours ago -
Don't own the AI chip leaders? Jim Cramer says this might be your chance to act
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - October 15 -
Salesforce CEO Marc Beinoff slams Microsoft Copilot as ‘Clippy 2.0’
Fighting words? Salesforce co-founder and CEO Marc Benioff took to his personal X account last night to criticize Microsoft's AI assistant.Tech - VentureBeat - October 17 -
Unity's new CEO pitches 'fundamentally different company' after rough year
Unity CEO Matt Bromberg, who joined in May, is overseeing his first big product launch since taking over the gaming software company.Business - CNBC - October 17 -
Google CEO names new search and ads boss, slides predecessor to role of chief technologist
Google is replacing Prabhakar Raghavan, the company's search and ads boss since 2018, with longtime executive Nick Fox.Business - CNBC - October 17 -
NRA faces pressure to suspend CEO after revelation of sadistic cat killing
Rifle association workers wrote letter warning that inaction against Doug Hamlin will ‘destroy’ NRA’s comeback chances. The board of the National Rifle Association ( NRA ) is facing pressure to ...World - The Guardian - October 17 -
Yes, CEOs are moving left, but ‘woke capitalism’ is not the whole story
The corporate world has taken a progressive turn, while polarisation is also on the riseBusiness - Financial Times - October 18 -
10 Slightly Crazy Tactics Top CEOs Use to Win
When they’re facing the heat, Inc. 5000 entrepreneurs get crafty.Business - Inc. - October 21 -
Disney to elevate CEO-search leader James Gorman to chairman
Walt Disney said Monday that Chairman Mark Parker will leave the company after two years in the role, and will be succeeded by board member and CEO succession planner James Gorman.Business - MarketWatch - October 21 -
Boeing's CEO Is Shrinking the Jet Maker to Stop Its Crisis From Spiraling
A strike by its machinists union could end soon, but the company remains in a perilous financial position.Business - The Wall Street Journal - October 20 -
This 1 Challenge Will Test New CVS Health CEO David Joyner
The industry-wide rise in health coverage costs makes the company’s Aetna unit the new leader’s most difficult problem.Business - Inc. - October 21 -
Disney makes the right pick to lead board as it searches for next CEO
Former Morgan Stanley CEO James Gorman has experience in succession planning.Business - CNBC - October 21 -
Dean Kamen Knows How CEOs Can Fix STEM’s Talent Shortage
The entrepreneur, engineer, and inventor talks with Mansueto Ventures CEO Stephanie Mehta about what American business owners need to do now to protect the future of STEM in the U.S.Business - Inc. - October 21 -
Former Abercrombie CEO Mike Jeffries charged with sex trafficking, interstate prostitution
Abercrombie & Fitch and its former CEO Mike Jeffries were sued last year for allegedly operating a sex trafficking ring that targeted would-be male models.Business - CNBC - October 22 -
'Sex events' and NDAs: The federal charges against former Abercrombie CEO Mike Jeffries
Mike Jeffries, the former CEO of Abercrombie & Fitch, has been arrested on sex trafficking and interstate prostitution charges, prosecutors announced Tuesday.Top stories - NBC News - October 22 -
Former Abercrombie CEO out on $10m bond amid sex-trafficking investigation
Authorities investigate allegations Mike Jeffries and others sexually exploited and abused young men at parties. The former Abercrombie & Fitch CEO Mike Jeffries was arrested on Tuesday as part ...World - The Guardian - October 22 -
Former Abercrombie & Fitch CEO arrested on sex trafficking charges
Former Abercrombie & Fitch CEO Mike Jeffries was arrested on sex trafficking and prostitution charges, according to two senior law enforcement officials. Matthew Smith, Jeffries’ partner, and ...Politics - The Hill - October 22 -
HSBC’s new CEO has only spring cleaned his supertanker
The UK-based global bank’s new structure looks logical, but raises questions about its future directionBusiness - Financial Times - October 22 -
Watch Tether CEO Paolo Ardoino speak live on stablecoins, regulation
Paolo Ardoino, the CEO of Tether, is set to speak Tuesday at the DC Fintech Week conference at Fannie Mae's headquarters in Washington, D.C.Business - CNBC - October 22 -
Michael Jeffries, Ex-Abercrombie CEO, Charged With Running Sex-Trafficking Ring
Prosecutors said Michael Jeffries and two others coerced dozens of men into sex acts during Mr. Jeffries’s tenure at the clothing company.Business - The New York Times - October 22 -
Former Abercrombie CEO Mike Jeffries Is Arrested, Charged in Sex-Trafficking Case
The indictment alleges that Jeffries pressured models into attending sex parties around the world while he was Abercrombie’s chief executive.Business - The Wall Street Journal - October 22